Global Innovation in MNCs: The Effects of Subsidiary Self-Determination and Teamworkà Ram Mudambi‚ Susan M. Mudambi‚ and Pietro Navarra The ability of multinational corporations (MNCs) to leverage their innovation competencies across globally dispersed subsidiaries is an increasingly valuable source of competitive advantage. As multinational enterprises turn to foreign subsidiaries for research and development (R&D) and product development‚ questions arise regarding the most effective organizational
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Multinational consolidation and currency translation • Consolidated financial statement Consolidated financial statements are financial statements that factor the holding company’s subsidiaries into its aggregated accounting figure. It is a representation of how the holding company is doing as a group. The consolidated accounts should provide a true and fair view of the financial and operating conditions of the group. Doing so typically requires a complex set of eliminating and consolidating
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Res Ispa Loquitur Res ispa loquitur is Latin for “the thing speaks for itself.” It means that the mistake is so obvious that negligence is obvious. Three conditions that must exist are the act of negligence must obviously be under the defendant’s control. The patient must not have contributed to the act. It must be apparent that the patient would not have been injured if reasonable care had been used. An example of Res ispa loquitur is causing an infection by the use of an unsterilized instrument
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Topic: For a multinational company of your choice describe and evaluate its activities in foreign countries with reference to what you have so far learnt. First of all‚ a multinational company is an enterprise operating in several countries but managed from one country. Generally‚ any company or group that derives a quarter of its revenue from operations outside of its home country is considered as a multinational corporation. For this essay I have chosen to discuss about the multinational company:
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Recalling the distinction made earlier between primary objects of perception (objects of mathematics) and secondary objects of perception (apparent objects formed from observer-dependent sensory properties)‚ Descartes investigates whether material objects exist by asking two questions: (1) do primary objects exist? and (2) do secondary objects exist? In answering the first question‚ Descartes draws on a distinction between imagining primary objects and conceiving of primary objects. He notes that
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Roman “Res Publica” The first known inhabitants of the Italian Peninsula were the Dorians. They had first invaded the Greek Peninsula circa 1200 B.C. before moving onto the Italian Peninsula around 1000 B.C. About 200 years later‚ a new civilization arose in Etturia (now Tuscany) that would have a tremendous influence on the Romans. These people were known as the Etruscans. The Etruscans were a military ruling class that exploited the native Italians‚ making them work the mines and serve
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ORGANIZATIONAL BEHAVIOR & LEADERSHIP CASE STUDY: DEVELOPMENT OF A MULTINATIONAL PERSONNEL SELECTION SYSTEM ABOUT THE COMPANY: ComInTec AG & Co. is a worldwide leading industrial company that has administration‚ plants‚ and sales offices in various regions across the globe‚ mainly Central‚ Eastern and Western Europe‚ Asia-Pacific region (APAC)‚ North America‚ Central and South America. In 2006 they had 23‚000 employees worldwide and gross revenue of 5.8 billion Euros in sales. They had recovered
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"right" and that is not acceptable or "wrong" based on conventional morality. General ethical norms encompass truthfulness‚ honesty‚ integrity‚ respect for others‚ fairness‚ and justice. They relate to all aspects of life‚ including business and finance. Financial ethics is‚ therefore‚ a subset of general ethics. Ethical norms are essential for maintaining stability and harmony in social life‚ where people interact with one another. Recognition of others ’ needs and aspirations‚ fairness‚ and cooperative
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The Net Present Value‚ Mergers and Acquisitions Michael D. Black Trident University Module 5 CASE Finance 501: Strategic Corporate Finance Professor: Walter Witham June 15‚ 2012 Net Present Value‚ Mergers and Acquisitions Abstract Financial managers must understand the value of dollars invested today in order to make decisions as to what capital ventures are worth pursuing for business growth. The money a business is willing to invest in new equipment or expansion
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One of the overall points that Augustus makes certain he conveys in the Res Gestae is that above all of his accomplishments‚ he was cared for by the people of his empire. The first part of the document addresses his various accolades of which were awarded to him by the senate and other such organizations of power. When pointing out that the Res Gestae was the official recording and collection of Augustus’ life by the man himself‚ the extent of his want to be remembered in a positive light is revealed
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